Ethiopia | PPP conversion factor (GDP) to market exchange rate ratio
Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
Publisher
The World Bank
Origin
Federal Democratic Republic of Ethiopia
Records
53
Source
Ethiopia | PPP conversion factor (GDP) to market exchange rate ratio
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
0.6397241 1981
0.62873681 1982
0.62116509 1983
0.58231327 1984
0.7446742 1985
0.68998223 1986
0.62931025 1987
0.62702191 1988
0.63802228 1989
0.63482059 1990
0.73112214 1991
0.61103507 1992
0.37996684 1993
0.3506852 1994
0.34277277 1995
0.32733697 1996
0.31777056 1997
0.29417149 1998
0.26147778 1999
0.26439232 2000
0.23673271 2001
0.22162466 2002
0.24385576 2003
0.24544067 2004
0.26008549 2005
0.28002414 2006
0.30948708 2007
0.36852436 2008
0.36806299 2009
0.31024286 2010
0.32191758 2011
2012
Ethiopia | PPP conversion factor (GDP) to market exchange rate ratio
Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
Publisher
The World Bank
Origin
Federal Democratic Republic of Ethiopia
Records
53
Source